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The destination map has shifted decisively. In June 2026, chemical exports to India rose 46.6% on the year, to South Korea 42.7% and to Russia 33.0%. Eight-month data tell the same story: Vietnam +26.1%, India +21.8%, Malaysia +27.3%, Thailand +29.9%, Russia +28.4%, Brazil +23.1%. The traditional anchors are flat: shipments to North America rose just 1.1% in aggregate, and to the United States specifically only 0.2% on a value basis of USD 215.9 billion across all goods.
China's bulk and specialty chemical exports surged 13.7% in the first half of 2026 to RMB 1.60 trillion, with a record-breaking June (+22.7% YoY) followed by a measured Q3 cooling. The story of the year is not a broad-based boom but a structural pivot — a handful of intermediates, a cluster of emerging-market buyers, and a re-rating of global supply chains after the Hormuz shock.
China's bulk and specialty chemical exports surged 13.7% in the first half of 2026 to RMB 1.60 trillion, with a record-breaking June (+22.7% YoY) followed by a measured Q3 cooling. The story of the year is not a broad-based boom but a structural pivot — a handful of intermediates, a cluster of emerging-market buyers, and a re-rating of global supply chains after the Hormuz shock.
Brent crude oil has seen sharp fluctuations recently. Starting from around $97.7 in early October, it climbed to a peak of $117.5, before easing slightly to $115.8 amid diplomatic efforts to ease tensions in the Middle East. WTI crude also followed this upward trend.
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